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Array Technologies, Inc. ARRY Free cash flow margin

Free cash flow margin at other companies

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3%-17.7pp
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14.4%-6.6pp
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SolarEdge TechnologiesSEDG
8.4%+4.9pp
Solaris Energy Infrastructure logo
Solaris Energy InfrastructureSEI
-84.4%+21.1pp
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Enphase EnergyENPH
10.4%-22.8pp
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SunrunRUN
-33.7%+3.3pp

Other financials

Income statement

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Revenue$223.4M-26.1%
Gross profit$63.0M-17.6%
Operating income$7.1M-73.9%
Net income$2.0M-88.1%
EPS (diluted)-$0.09-550%

Balance sheet

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Cash & equivalents$202.0M-42.2%
Total debt$763.2M+12.4%
Total equity-$214.4M-119%
Total assets$1.5B+3.5%

Cash flow

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Operating cash flow-$29.4M-125%
CapEx$7.5M+219%
Free cash flow-$36.9M-140%

Valuation

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Market cap$1.18B+49.3%
Enterprise value$1.74B+55.8%
P/S+0.2×

Profitability

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Gross margin23.7%-6.3pp
Operating margin-4.1%-1.8pp
Net margin-5.6%-2.4pp

Returns & leverage

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Return on equity-64.1%
Debt / equity10.5×+7.4×
Current ratio2.3×-0.1×

Where this comes from

Calculated from Array Technologies, Inc.’s reported figures.

Based on trailing twelve months.

The official record: Array Technologies, Inc.’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Array Technologies, Inc.'s free cash flow margin?
Array Technologies, Inc. (ARRY) reported free cash flow margin of 4.8% in Q1 2026.
How has Array Technologies, Inc.'s free cash flow margin changed year-over-year?
Array Technologies, Inc.'s free cash flow margin decreased by 40.2% year-over-year, from 8.1% to 4.8%.
What is the long-term trend for Array Technologies, Inc.'s free cash flow margin?
Over 4 years (2021 to 2025), Array Technologies, Inc.'s free cash flow margin has grown at a -33.2% compound annual growth rate (CAGR), from -31.2% to 6.2%.
What does free cash flow margin mean?
Free cash flow (operating cash flow minus capital expenditures) as a percentage of revenue, trailing twelve months. Measures how efficiently revenue converts into discretionary cash.